On or before the 15th day of September in any year, the Council may by Ordinance adopted by a majority of the members elected or appointed thereto, declare that the amount of money which may be raised by taxation together with all the funds available during the year will be insufficient for the annual budgeted operational requirements of the City and it is necessary to levy additional taxes and may require the submission of the question of levying such additional tax to the electors of the City at a primary, special or general election. Such ordinance shall specify the additional rate of the levy and the purpose thereof and the number of years during which such levy shall have effect. Such ordinance shall take effect on its adoption and shall be certified to the election authorities, as prescribed by general law. The election authorities shall place said question upon the ballot in the form prescribed by general law.
The question covered by such ordinance shall be submitted as a separate proposition, but
may be printed on the same ballot with any other proposition, submitted at the same election. If a majority of those voting thereon at a municipal election, or sixty percent of those voting thereon at a special election, vote for the approval of the levy, Council shall immediately make such levy, or such part thereof as it finds necessary, pursuant to such approval, and certify the same to the County Auditor, to be placed on the tax list and collected as other taxes.
(Amended 11-6-01; 11-5-19)